Friday, September 17, 2010

REI to open first New York City location

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September 17, 2010News for the retail industry
 
  Industry Watch 
 
  • CEO: Express is back on the track to success
    Express has weathered three decades as a popular apparel chain targeted at dressing trendy 20-something consumers. President and CEO Michael Weiss has been along for the ride, starting in the merchandising department in 1980 and rising quickly to a leadership role. In this profile, Weiss details his vision for the chain's future, which includes a new store prototype, more urban locations and plans to open about 30 new U.S. and Canadian stores annually. Women's Wear Daily (subscription required) (9/16) LinkedInFacebookTwitterEmail this Story
  • American Apparel aims to recoup cash with big end-of-summer sales
    Struggling chain American Apparel has launched an aggressive end-of-summer sale strategy to try to bring much-needed cash through the door by appealing to newly frugal consumers, BNET reports. With items marked down as much as 50% and additional discounts available with online coupons, the chain hopes the strategy will help clean up its balance sheet and make way for newer, preppier styles. BNET/Retail Reality Check blog (9/16) LinkedInFacebookTwitterEmail this Story
  • REI to open first New York City store next year
    Outdoor recreation chain REI has selected a 39,000-square-foot site in New York's SoHo neighborhood as the spot for its first Manhattan store, the company said Thursday. Thousands of the city's residents already shop at the chain, either online or at stores in other states, the company said, and the growing popularity of bike riding and other active pursuits among Manhattan residents makes the time right, the company says. The New York Times (free registration) (9/16) LinkedInFacebookTwitterEmail this Story
  • Dolce & Gabbana's new Milan store is unusual even for D&G
    Dolce & Gabbana Spiga2, a new store opening this weekend in Milan, is unusual in that it will sell not only Dolce & Gabbana products but also clothing and other items from newer designers. Sophie Theallet, Martin Grant, Yigal Azruel and other designers, which would typically compete with Dolce & Gabbana, will be featured. The Wall Street Journal (9/16) LinkedInFacebookTwitterEmail this Story
  • Other News
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  Retail Trends 
 
  • Department stores beef up efforts to win younger customers
    Department-store chains are gearing up to fight for the hearts and wallets of the next generation of consumers, after years of losing to specialty chains including H&M and Forever 21, the Chicago Tribune reports. Companies are using a variety of methods including online teen advisory panels and exclusive fast-fashion lines to overcome the image of department-store sameness and appeal to the under-25 set's passion for individual style. Chicago Tribune (9/16) LinkedInFacebookTwitterEmail this Story
  • Other News
2010 has been a transition year for retail. Moving forward, will you survive — or thrive? Right now, your competitors are planning strategies to take full advantage of post-recession trends. Learn what they're doing and how you can get ahead — in service, marketing, POS, mobility and channel integration — with Boston Retail Partner's 11th Annual POS Benchmarking Survey. Get your copy now!
  Retail Technology 
 
  • A/C ducts can boost in-store mobile reception
    A team of researchers at North Carolina State University says it has discovered a method for stores to beef up cell reception as they seek to increase the use of mobile marketing and RFID technology. Ducts created for heating and air-conditioning systems can be set up to work as conduits between cellular towers and in-store mobile devices, the researchers say. StorefrontBacktalk (9/15) LinkedInFacebookTwitterEmail this Story
Supercharging the Online Channel
Getting to the right shoppers and then converting them to buyers in your online store is every retailer's key objective. Short purchase windows, impatient buyers, and new mandates around security are creating unprecedented demands on commerce sites. Learn how to attract customers to your site, optimize their online shopping experience and drive more transactions. Watch the webinar NOW!
  Policy & Government Affairs 
 
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  Featured Content 
 

  NRF News 
  • Where to find the very latest on the Internet Sales Tax debate
    NRF has long supported a level playing field where all retailers abide by the same tax rules regardless of whether they sell merchandise in a traditional store, through the mail or over the Internet. As a new resource for retailers, lawmakers, reporters, NRF has developed an Internet sales tax headquarters that compiles the latest news and legislative proposals on the issue. Visit the HQ. LinkedInFacebookTwitterEmail this Story
  • NRF SmartStat: Sept. 17, 2010
    More than 40% of retail executives report they do not have the technology in place to support their company's talent management requirements and aspirations. Source: NRF's Retail Reference Center LinkedInFacebookTwitterEmail this Story
 
  • Register now for NRF's Investigator's Network meetings
    With meetings at the local, regional and national levels, NRF's Investigator's Network provides an invaluable opportunity for retail loss prevention executives, shopping center security, and law enforcement officials to share information critical to the prevention of retail theft. Regional meetings in September and October will be held in Virginia, Massachusetts, California, New York and Texas. Register or view the full schedule. LinkedInFacebookTwitterEmail this Story
Learn more about NRF ->Join NRF  |  Govt Relations  |  NRF Events  |  STORES  |  NRF Foundation

  Chain Restaurant News 
  • Lone Star reportedly shutters 19 steakhouse locations
    Lone Star Steakhouse & Saloon reportedly has closed 19 under-performing restaurants in several U.S. markets, leaving the chain with 112 eateries in 31 states. Lone Star is owned by an affiliated company of Lone Star Funds, a Dallas-based company that also controls the Sullivan's, Del Frisco's Double Eagle Steak House, and Texas Land & Cattle Co. chains. Nation's Restaurant News (free registration) (9/15) LinkedInFacebookTwitterEmail this Story
  • Krispy Kreme taps former Fuddruckers executive as new CMO
    Krispy Kreme has named Dwayne Chambers as its new chief marketing officer, effective Sept. 27. Chambers' 20-year career includes marketing stints at a long list of quickservice and fast-casual chains, including Red Robin, Sonic and Noodles & Co., and he served as senior marketing vice president at Fuddruckers. Food Business Review (9/15) LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Don't be afraid your life will end; be afraid that it will never begin."
--Grace Hansen,
American dance director


 
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